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20130418
20130418
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today for the next two fiscal years. the mayor said the economy's improving but not all services cut in the past will be restored. the mayor said oakland is on the rise. >> what we're proposing is what i call a fair share budget. it invests heavily in public safety, and economic development and jobs. >> the budget include twos more police academies -- includes two more police academies in the next two years. oakland's also facing increases in pension costs and benefits. hearings are scheduled ahead of the headlines on june 30th. >> this might benefit from the veterans here went through. >> san francisco rings the bell on on a era for a signature attraction, and just wait until you see the new displays at the bigger and better exploratorium. >> the bay area in the clear right now. coming up, how much warmer can you expect for thursday and the warmest day of the upcoming weekend. >>> . . >>> a gas leak in san mateo put residents in a frenzy. two buildings were e vac waited. the repair work is ongoing. >>> continue coverage of the boston marathon bombings. some say the victims will get
to the beige book, the fed sees moderate growth in the economy led by sales of homes and cars. todd horwitz of averagejoeoptions.com joins us on this thursday morning for a good look at the market. good morning to you. - good morning angie. - fears are rising out there. the volatility index, the vix, made a big spike this week. what is that telling investors and traders? - i think what you are looking at here angie is the markets are starting to turn over a little bit. we had a little sign that volatility was going to increase as the bond market was going higher, as the equity markets, the stocks that were being bought were more in the defensive sector. so now finally options are being bought instead of sold, though we are now getting a little bit more fear here in the market, and that is what we are signaling. we are seeing the market possibly changing directions and this 1550 level in the s&p is going to be real key. if we goes significantly below there, we should have a real good sell-off. - todd, who is losing money as gold goes lower? i know central banks might be losing money, and eve
Search Results 0 to 1 of about 2